2.5. Do you need a back-up plan?

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Some people are fortunate and are able to get a job offer relatively quickly, but for others it can take a lot longer. How much longer depends on a number of factors and you need to consider your circumstances and understand how much time you can dedicate to pursuing certain opportunities before you need to explore an interim position. For someone looking for the same type of job in the same type of industry a rough guide is to allow 1 month for every $10,000 salary required.

  • How long can you survive on your current income, or savings?
  • How far into your savings are you prepared to dip?
  • What will your back up plan be? Will you consider a part time, temporary, contract position, subsidence position, freelancing or commission only?
  • What will you use as your trigger to start focusing on Plan B or Plan C?

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